Mixed Use Development Opportunity in SW Calgary

402 8 St SW, Calgary, AB, T2P 1Z9, Calgary 4 hours ago
Studio Bedrooms
Other Real Estate Type
Description

PROPERTY OVERVIEW

Land Acres: 0.14 AC
Land SF: 6,160 SF
Asking: $2,200,000
Zoning: CR20
Gross Floor Plan: 43,120 SF - 7-storey
Legal: Plan A, Block 19, Lots 1 and 2

EXISTING BUILDING OVERVIEW

Size: 1,530 SF
Gross Rent: $9,500/month
Construction: Wood Frame
Building Height: 12'
Year Built: 1928
Parking: 9 Surface Stalls

PROPERTY FEATURES

  • Prominent corner site in Downtown Calgary with exceptional visibility and access
  • Steps from the Bow River and pathway system
  • Close proximity to 8 Street SW LRT Station
  • High-exposure location with up to 20,000 VPD
  • Zoned CR20, permitting high-density, mixed-use development
  • Approved for high-rise development
  • Future development opportunity with holding income
  • Annual rent: $114,000 GST
  • Ideal for investors, developers, or owner-users seeking long-term upside

To inquire on this listing, please contact:
Nouran Youssef / PH: 403-341-4588 / Email: [email protected]

Listing Contacts:
Mahmud Rahman / Cell: 403-681-8830 / Email: [email protected]
Randy Wiens / Cell: 403-519-5062 / Email: [email protected]

www.cdnglobal.com
403-341-4588

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Market Price Insight
Based on 88,923 rental transactions in Calgary
$0.86
Avg $/sqft
$1,404
Avg Monthly
156613% above avg
This Listing
Source: Market data 2019–2026 · Calgary
Location

Approximate location shown for privacy.